Link Reit reports strong response from proposed property sales

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The Link Real Estate Investment Trust, Asia’s largest reit, has reaped strong response from the proposed sale of its five properties in Hong Kong.

The reit last month announced putting five properties for private tender, which closed on Thursday. It had been reported by Hong Kong media that it received 20 bids.

The Link Reit declined to comment on the number of bids on Friday morning. But the spokesperson said management was “satisfied with the response” and the winning bid would be announced in the coming days.